(US News) If you’re planning to retire overseas, it’s a good idea to pay attention to the economic situation in that country. Here’s why a healthy economy is important, even for retirees: A strong economy can translate to healthy investment in the country’s infrastructure. Countries with strong economies typically reinvest in themselves. A growing economy generally … [Read more...]
Retire to Panama’s Most Romantic Quarter, Casco Viejo
(USnews.com) Located at the end of Panama City’s bayfront Cinta Costera, out on a small peninsula all its own, is Casco Antigua. Commonly known as Casco Viejo and a UNESCO World Heritage Site, this is Panama’s second most popular tourist destination (after the Panama Canal). Casco Viejo has survived more than 300 years. It was built about 1670, after Henry Morgan sacked and … [Read more...]
11 ways to get a work permit in Panama
(The Panama Gringo) Traditionally speaking, the expat life has long been dominated by the retired crowd. However, things are changing as more and more younger expats show up in Panama. If you are too young to retire, or simply need some extra cash for your living expenses in Panama you will need to get a work permit. Panama Offshore Legal Services provides excellent information … [Read more...]
How to bring pets to Panama
(Panama Gringo)Many expat hopefuls will be happy to hear that you can bring your pet to Panama! In fact, compared to other countries the process is actually relatively simple. First off, you need to get the proper certificates and other paperwork. The Panamanian government requires that your cat or dog be vaccinated for rabies at least 30 days before traveling, with the … [Read more...]
The Foreign Earned Income Exclusion (FEIE) Basics
(Live and Invest Overseas) Moving overseas may lighten your tax burden. Here are some basics you should know about the Foreign Earned Income Exclusion. The Foreign Earned Income Exclusion (FEIE) is the expat's first, and sometimes only, line of defense against the IRS. It allows you to eliminate up to US$97,600 in salary from your U.S. taxable income in 2013 and can provide … [Read more...]